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Cisco partners Google Cloud for hybrid cloud deployments

2017-10-25 14:50:00| Telecompaper Headlines

(Telecompaper) Cisco announced a partnership with Google Cloud to develop hybrid cloud offerings for enterprise customers. The hybrid cloud offering will enable applications and services to be deployed, managed and secured across on-premises environments and the Google Cloud Platform. 

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Cisco buys Broadsoft for USD 1.9 bln

2017-10-23 15:07:00| Telecompaper Headlines

(Telecompaper) Cisco said it has agreed to acquire BroadSoft USD 55 per share in cash, in exchange for each share of BroadSoft, for a total of USD 1.9 billion net of cash. The transaction has been approved by the board of directors of each company.

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Cisco set to acquire Broadsoft - report

2017-10-23 08:47:00| Telecompaper Headlines

(Telecompaper) Cisco is close to a deal to acquire UCC software maker BroadSoft, people with knowledge of the situation told Bloomberg. The takeover could be announced as soon as 23 October. Broadsoft has a market value of about USD 1.7 billion. 

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Cisco on brink of Broadsoft takeover

2017-10-23 02:00:00| Total Telecom industry news

Cisco is close to inking a deal to acquire business services provider Broadsoft and could make an announcement as early as Monday…read more on TotalTele.com »

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Chambers to step down, ending era at Cisco

2017-09-19 09:32:00| Telecompaper Headlines

(Telecompaper) John Chambers, Cisco's executive chairman has said he will be stepping down from his position from 11 December, when his term ends. Cisco CEO Chuck Robbins will then also serve as chairman. Chambers will be given the honorary title of Chairman Emeritus. Chambers joined the company in 1991 as head of sales. He became CEO in January 1995 and served in that position until end July 2015. During his time as CEO, Cisco annual revenues went from USD 1.2 billion to nearly USD 50 billion. When Chambers became executive chairman in 2015, Robbins took over the reins as CEO.

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